CNBC Economy / Updates
- World Cup gave bars and restaurants a needed boost as consumers flash warning signs, Fed says July 15, 2026The latest edition of the Fed's Beige Book indicated that the soccer tournament wasn't necessarily translating to broader economic growth.
- Wholesale prices unexpectedly declined 0.3% in June on big drop in gasoline July 15, 2026As with consumer prices, the index benefited from easing energy costs, particularly as oil fell due to the brief pause in tensions between the U.S. and Iran.
- Renewed Hormuz hostilities drive ECB rates rethink amid ‘extremely volatile’ outlook July 15, 2026Several consecutive days of strikes exchanged between the U.S. and Iran have cast uncertainty on the European Central Bank's interest rate decision next week.